Digital Federal Credit Union

Digital Federal Credit Union, commonly known as DCU, is a federally chartered credit union headquartered in Marlborough, Massachusetts. It was founded in 1979 to serve Digital Equipment Corporation employees. Although Digital Equipment Corporation no longer exists, DCU has continued to grow and now serves members across the United States.

DCU is a member-owned financial cooperative insured by the National Credit Union Administration up to $250,000 per depositor. Like other credit unions, it operates on a not-for-profit basis and aims to provide competitive rates and lower fees than many traditional banks, because it does not pay returns to outside shareholders.

Membership is available through a wide range of qualifying employers and associations. If a person does not qualify through an employer, they can often join by becoming a member of a qualifying partner organization such as the Reach Out for Schools organization, which involves a nominal fee. This makes DCU accessible to many US adults regardless of where they live or work.

DCU commonly offers checking and savings accounts, auto loans, personal loans, mortgages, home equity products, and credit cards. It has historically been known for offering a savings account with a competitive rate on balances up to a certain threshold, and it is frequently cited as a competitive option for auto loans and personal loans. Its free checking accounts typically include ATM fee reimbursements up to a monthly limit.

DCU operates branch locations primarily in Massachusetts and New Hampshire, but serves members across all 50 states through online and mobile banking and a shared branching network. Shared branching allows DCU members to conduct transactions at thousands of credit union locations across the country.

Prospective members should verify current eligibility and joining options on the DCU website before applying for membership or any financial products.